SKECHERS Wins Women’s Brand of the Year at the Drapers Footwear Awards
May 22 2017 - 12:00PM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX) today announced that the Company
has been named Mainstream Women’s Brand of the Year at the 2017
Drapers Footwear Awards. SKECHERS was also recently awarded as
Brand of the Year during the 2017 Footwear Industry Awards in
February.
“We are incredibly honored to be recognized by Drapers Footwear
Industry, as the leading Mainstream Women’s Brand of the Year,”
commented Peter Youell, Managing Director of SKECHERS U.K. and
Ireland. “It is a privilege to receive this acknowledgment amongst
such notable brands that were shortlisted in this category. This
award highlights the growing appeal and need for trend right
comfort in the footwear market and SKECHERS excels here with
continued growth and demand for our Skechers Memory Foam and
SKECHERS GOwalk platforms.”
“We accept this recognition thanks to the ongoing support from
our amazing SKECHERS retail partners who drive consumers to
SKECHERS in their stores and have made SKECHERS an in-demand brand
across the UK year after year,” added Marvin Bernstein, managing
partner of SKECHERS S.à.r.l. “UK continues to be a key market in
the region and it is amazing to see ongoing growth after nearly 25
years in the country.”
The Drapers Footwear Awards recognize and celebrate outstanding
performance, innovation and creativity among retailers, brands and
individuals in this fast-paced sector. The prestigious award
ceremony was held on May 17 at the Grosvenor House Hotel in London,
and is supported by the British Footwear Association (BFA).
SKECHERS offers two distinct footwear categories: a lifestyle
division which offers comfort-focused, trend-right product for men,
women and kids, and the Skechers Performance Division for elite
athletes and sports enthusiasts.
Celebrity product endorsees for Skechers' collections include
actress Kelly Brook, multi-platinum recording artist Meghan
Trainor, actor Rob Lowe, boxing great Sugar Ray Leonard, and
baseball slugger David “Big Papi” Ortiz. The Company’s Skechers
Performance Division ambassadors include elite marathon champion
and Boston Marathon winner Meb Keflezighi and English television
presenter Charlie Webster, who ran at the Skechers Performance Los
Angeles Marathon; as well as a team of pro golfers that include
Scotland’s Colin Montgomerie.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., based in Manhattan Beach, California,
designs, develops and markets a diverse range of lifestyle footwear
for men, women and children, as well as performance footwear for
men and women. SKECHERS footwear is available in the United States
and over 160 countries and territories worldwide via department and
specialty stores, more than 2,055 SKECHERS Company-owned and
third-party-owned retail stores, and the Company’s e-commerce
websites. The Company manages its international business through a
network of global distributors, joint venture partners in Asia and
the Middle East, and wholly-owned subsidiaries in Canada, Japan,
throughout Europe and Latin America. For more information, please
visit skechers.com and follow us on Facebook
(facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include, without limitation, the Company’s future
domestic and international growth, financial results and operations
including expected net sales and earnings, its development of new
products, future demand for its products, its planned domestic and
international expansion, opening of new stores and additional
expenditures, and advertising and marketing initiatives.
Forward-looking statements can be identified by the use of
forward-looking language such as “believe,” “anticipate,” “expect,”
“estimate,” “intend,” “plan,” “project,” “will be,” “will
continue,” “will result,” “could,” “may,” “might,” or any
variations of such words with similar meanings. Any such statements
are subject to risks and uncertainties that could cause actual
results to differ materially from those projected in
forward-looking statements. Factors that might cause or contribute
to such differences include international economic, political and
market conditions including the uncertainty of sustained recovery
in Europe; sustaining, managing and forecasting costs and proper
inventory levels; losing any significant customers; decreased
demand by industry retailers and cancellation of order commitments
due to the lack of popularity of particular designs and/or
categories of products; maintaining brand image and intense
competition among sellers of footwear for consumers, especially in
the highly competitive performance footwear market; anticipating,
identifying, interpreting or forecasting changes in fashion trends,
consumer demand for the products and the various market factors
described above; sales levels during the spring, back-to-school and
holiday selling seasons; and other factors referenced or
incorporated by reference in the Company’s annual report on Form
10-K for the year ended December 31, 2016 and its quarterly report
on Form 10-Q for the three months ended March 31, 2017. The risks
included here are not exhaustive. The Company operates in a very
competitive and rapidly changing environment. New risks emerge from
time to time and the companies cannot predict all such risk
factors, nor can the companies assess the impact of all such risk
factors on their respective businesses or the extent to which any
factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. Given these risks and uncertainties, you should not
place undue reliance on forward-looking statements as a prediction
of actual results. Moreover, reported results should not be
considered an indication of future performance.
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SKECHERS USAJennifer Clay(310) 937-1326jennc@skechers.com
Skechers USA (NYSE:SKX)
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